Economy

The Budget Office of the Federation (BOF) has defended the repeal and re-enactment of the 2024 and 2025 Appropriation Acts,...

Nigeria’s external position is on track for significant growth in 2026, with analysts projecting a $17.7 billion current account surplus,...

Poverty levels in Nigeria are projected to deteriorate sharply, with as many as 141 million Nigerians—about 62% of the population—expected...

Nigeria’s cash economy remained dominant in 2025, as the bulk of currency in circulation continued to sit outside the formal...

Nigeria’s business activity expanded for the twelfth consecutive month in December 2025, although the pace of growth slowed amid rising...

Total dollar inflows into the Nigeria Foreign Exchange Market (NFEM) declined by 20.67% week on week to US$593.70 million, down...

Borrowing rates in Nigeria are projected to ease gradually over the next six months, supported by expectations of a stronger...

Nigeria’s current account balance is projected to strengthen further in 2026, with the surplus expected to rise to $18.81 billion, representing 11.16% of...

The House of Representatives has released the certified true copies of four landmark tax reform Acts recently signed into law...

The Centre for the Promotion of Private Enterprise (CPPE) has warned that Nigeria’s ongoing tax reform drive could undermine the...